Company The Stakeholder Company Address 583 Orchard Road, Singapore 238884 Founders Terence Lyons Founded January 2011 Funding $ 490k Employees 32 Website www.TheStakeholderCompany.com Rating 7 bits Understanding and managing your key stakeholders is of vital importance for any company. Especially in the fast world that we live in today, the list of … [Read more...] about The Stakeholder Company Maps Your Influencers With Data
Big Data
Learn everything you need to know about big data. Find out how companies are using this revolutionary technology and what it means for your business strategy.
Hertz Puts Big Data In The Driver’s Seat
How do you keep track of 10.000s of customer touch points a day, divided over 8.300 locations in 146 countries? Hertz used to do this by manually registering customer satisfaction via paper surveys that would take weeks to analyse. Whenever action was needed, it usually was too late and a customer was lost. Using Big Data they managed to turn all customer touch points into … [Read more...] about Hertz Puts Big Data In The Driver’s Seat
How Big Data Will Lead The Way In The Travel Industry
The global travel industry is expected to grow to 10% of Global GDP by 2022, or an annual revenue of around $ 10 trillion. A massive industry that can become a lot more efficient when Big Data is thoroughly implemented in every aspect of travel. In the past years large steps forward have been made and for many consumers, travel without Big Data would be impossible or at least … [Read more...] about How Big Data Will Lead The Way In The Travel Industry
Palantir Provides Insights From Big Data When Needed Most
Company Palantir Address HQ: 100 Hamilton Avenue Suite 300 Palo Alto, CA, 94301-1651 USA Founders Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen & Nathan Gettings Founded 2004 Funding $ 1.1 billion Employees 1000 - 5000 Website www.Palantir.com Rating 8 bits Palantir delivers a big data technology to improve crisis response. They have built software … [Read more...] about Palantir Provides Insights From Big Data When Needed Most
MetaLayer Offers Easy Big Data Visualization & Analysis Tools
Company MetaLayer Address 705 S. 3rd St. #3 Philadelphia, PA, 19147 USA Founders Jonathan Gosier & Matthew Griffiths Founded April 2011 Funding $ 30.000 Employees 3 Website www.MetaLayer.com Rating 7 bits MetaLayer is a big data startup that helps organisations make visualizations from large and complex datasets. Its objective is to make the worlds … [Read more...] about MetaLayer Offers Easy Big Data Visualization & Analysis Tools
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What is big data?
Big data is a term that refers to the massive amount of digital data created and shared every day. Big data can transform how we live, work, and communicate. It can be used to improve everything from public health and urban planning to business and marketing.
Big data is also changing the way we think about privacy and security. The volume, velocity, and variety of big data present challenges and opportunities for organizations and individuals. Regardless, big data is here to stay, and its impact will only continue to grow in the years to come.
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What is big data analytics?
Big data analytics is the process of turning large, complex data sets into actionable insights. Businesses use various analytical tools and techniques, including machine learning and statistical analysis, to do this.
Big data analytics can be used to improve decision-making in areas like marketing, operations, and customer service. It can also be used to identify new business opportunities and optimize existing processes. With the help of big data analysis, businesses can gain a competitive edge by using their data better.
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When was big data introduced?
The term big data was coined in the 1990s, with some giving credit to John Mashey for popularizing the term. However, the concept of big data has been around for much longer.
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Where does big data come from?
In the early days of computing, scientists and businesses began to realize that the amount of data being generated was increasing exponentially. As a result, they began to develop new methods for storing and processing data.
Over time, these methods have become increasingly sophisticated and have played a key role in enabling businesses to make sense of vast amounts of information. Today, big data is used in various industries, from retail to healthcare, and its importance is only likely to grow in the years to come.
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What are examples of big data?
One of the most common examples of big data is social media data. With over 2 billion active users, Facebook generates a huge amount of data every day. This includes information on user interactions, posts, and even location data. Analyzing this data can help companies better understand their customers and target their marketing efforts.
Another example of big data is GPS signals. These signals are constantly being generated by devices like cell phones and fitness trackers. When combined with other data sets, GPS signals can be used to provide insights into everything from traffic patterns to human behavior. Finally, weather patterns are another type of big data set. By tracking these patterns over time, scientists can better understand the impact of climate change and develop strategies for mitigating its effects.
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How do companies use big data?
Companies use big data in marketing, product development, and customer service. By analyzing large data sets, businesses can identify patterns and trends that would be otherwise difficult to spot. For example, a company might use big data to track customer behavior patterns to improve its marketing efforts.
Alternatively, a company might use big data to improve its products by identifying areas where customers are most likely to experience problems. For instance, big data can be used to improve customer service by finding pain points in the customer journey. Ultimately, big data provides companies with a valuable tool for gaining insights into their business operations.
